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USAFLPanama City BeachThe Summerhouse of P.c. I505A-6505 Thomas 505 Drive
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505a-6505 Thomas 505 Drive, Panama City Beach, FL

Condo

For Sale

Listed price in listed location currency (USD).
$482,000

220

MLS® 770166

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage No
Maintenance Fees 
Taxes $4,897
Days Active 137
Approx. Age 1984
MLS® Number 770166

Property Address: 505a-6505 Thomas 505 Drive, Panama City Beach, FL, 32408

Average square foot calculated using Size range provided by listing agent.

Description

TRUE TURNKEY short-term rental condo, beachfront, fully renovated and ready for an investor to take over. RENTAL MACHINE with NET rentals of $73K in 2024 and pacing above that for 2025. We post NET rentals, vs. Industry standards to post gross, which include fees and taxes. When including those, gross rentals for this unit were +90K in 2024. Can provide receipts. The unit is almost fully booked through June and bookings could pass along to the buyer. Owner self-manages this unit plus 6 other properties in the area with excellent results all around. Owner can offer property management for the buyer if interested. Selling due to a personal situation that requires cash ASAP. Buyer to verify measurements as needed.
MLS® Number770166
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelStacked
Exposure
Exterior
GarageNo
Approx. Age1984
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:First Floor11 × 13.6 ft
Kitchen:First Floor8 × 11.6 ft
Bedroom 1:First Floor12 × 13 ft
Living Room:First Floor12 × 18 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 3, 2025List Date
$482,000List Price
  • Commute

Commute

Starting Address
Destination Address
6505 Thomas 505 Drive, Panama City Beach, FL

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